Life/Health - FAQ's |
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| Can I purchase an IRA or annuity through Warner and Company? |
Yes. Just talk to any of our agents.
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| How much life insurance should I carry? |
The amount differs for each person. We can help you determine the correct amount of life insurance you should carry by completing a needs analysis. This analysis is based on your income, debt, assets, future estate taxes and priorities.
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| Why should I purchase my life insurance through Warner instead of a 1-800 number? |
We offer rates that are competitive with any of the “over the phone” marketers of life insurance. We also have experienced agents right here in our office that can help you select the right amount of coverage and the right type of policy for your business or your family.
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| I employ 10 employees and one of them has severe health problems. Can I still get group health coverage? |
Yes. Companies in North Dakota or Minnesota with 2 or more employees can get group health insurance regardless of the health of your individual employees.
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| I recently quit smoking. Can my life policy be changed to indicate that I am a non-smoker for a lower rate? |
Yes. After one year of being smoke-free you can have a urine test done and sign a statement that you no longer smoke.
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| I employ 50+ employees and a couple employees have severe heath problems. Can I still get group medical coverage? |
In North Dakota and Minnesota some companies decline coverage for groups of 50+ employees with significant health issues. However, we may have group plans available through Associations or health insurance purchasing cooperatives that will guarantee group coverage.
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| My current individual heath plan is very expensive and I would like to consider a less expensive plan but I am worried about a pre-existing health condition. |
Typically there is a 365 day waiting period for pre-existing heath conditions. However, prior continuous coverage without a gap in coverage for more than 63 days, can reduce the 12-month waiting period.
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